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Breaking Ground: The Next Steps in Self-Storage Site Development

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Manage episode 417958980 series 2805944
Content provided by Scott Meyers, Stories and Strategies and Scott Meyers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Meyers, Stories and Strategies and Scott Meyers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

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Site development is critical!
In this episode, Scott shares the essentials of developing the perfect location for your self-storage business. From understanding zoning regulations and gaining community support to identifying red flags like environmental challenges and wetlands, he emphasizes the importance of due diligence and strategic planning.
Scott highlights the critical role of market studies, feasibility assessments, and proactive consultation to ensure profitability and mitigate risks.
He also discusses how a well-thought-out exit strategy and understanding the lender environment can lead to higher returns and a successful project.
Listen For:
03:45 - Zoning Approval Process and Key Considerations
09:09 - Zoning and Height Restrictions
28:39 - Financing Challenges and Current Lending Environment
Leave a rating for this podcast with one click
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Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

  continue reading

193 episoade

Artwork
iconDistribuie
 
Manage episode 417958980 series 2805944
Content provided by Scott Meyers, Stories and Strategies and Scott Meyers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Meyers, Stories and Strategies and Scott Meyers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Send us a text

Site development is critical!
In this episode, Scott shares the essentials of developing the perfect location for your self-storage business. From understanding zoning regulations and gaining community support to identifying red flags like environmental challenges and wetlands, he emphasizes the importance of due diligence and strategic planning.
Scott highlights the critical role of market studies, feasibility assessments, and proactive consultation to ensure profitability and mitigate risks.
He also discusses how a well-thought-out exit strategy and understanding the lender environment can lead to higher returns and a successful project.
Listen For:
03:45 - Zoning Approval Process and Key Considerations
09:09 - Zoning and Height Restrictions
28:39 - Financing Challenges and Current Lending Environment
Leave a rating for this podcast with one click
CONNECT WITH US
Website | You Tube | Facebook | X | LinkedIn | Instagram

Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

  continue reading

193 episoade

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